Britain and the European Union has been dealing the mess triggered by UK's vote to leave the 28-nation block.

Outgoing British Prime Minister David Cameron is gathering his cabinet to minimize impact on its economy. Finance minister George Osborne has reassured financial market, saying that the UK economy strong. Opposition Labour leader Jeremy Corbyn is under mounting pressure to stand down. US Secretary of State John Kerry is due in London later on Monday.

Across the English Channel in Europe, European Parliament chief Martin Schulz warned that a period of limbo would lead to more insecurity.

German Chancellor Angela Merkel said international financial markets were very concerned that the EU is no longer governable. She has called leaders from France, Italy and European Council to Berlin to discuss how to secure European unity. The vote wiped $2.1 trillion from global equity markets Friday, and the pound sank to 30-year lows in early Asian trades on Monday.